
“Attempts to discourage the use of rhino horn have failed, the scientists said, and, without a legal avenue to obtain the ingredient, the black market has stepped in. ‘Rhino horn is now worth more than gold,’ the scientists noted, saying that a kilogram that cost $4,700 in 1993 would fetch around $65,000 in 2012. Poachers, enticed by the high price tag, have swarmed, and ‘poaching in South Africa has, on average, more than doubled each year over the past 5 years.’ They liken their proposal to the legal trade in farmed crocodile skins, which has saved the endangered reptiles from over-hunting. A similar proposal for the rhinoceros was rejected 20 years ago.”
Related posts:
Private Investor and Trader Joe Lewis Not Backing Bitcoin Ventures, Contra WSJ
Candy maker Hershey pays $4 million for price-fixing
Emerging market rout is too big for the Fed to ignore
Will Bitcoin Craze Grip India?
Hospital investors ‘sold’ on Obamacare
European link tax, compulsory copyright scanning sent back to the drawing board
Russian lawmaker: Snowden agrees to Venezuela offer of asylum
Halliburton pleads guilty to destroying Gulf spill evidence
Rogue police detective accused of arresting innocent people, still on the job
He built his own toll road: solving problems the State's too useless to fix
Bitcoin needs to scale by a factor of 1000 to compete with Visa. Here’s how
Unidentified detainee mysteriously dies at Guantanamo Bay
Macedonia Plans to Set up Tax Haven
Prosecutors aren't obligated to believe the evidence they present at trial
Ordinary Folks Losing Faith In Stocks, Plowing Into Bonds